Battling data exfiltration: Why accounting firms must act now For accounting firms, the evolution in cyber threats is more than a wake-up call, it's a risk to client trust, compliance status and long-term reputation.
IRS creates tax scam reporting web page The IRS introduced a new web page where taxpayers can confidentially report suspected tax fraud schemes, scams, evasion or other tax-related illegal activities.
Boomer's Blueprint: Mind the gap: Change, talent, and the CPA future This is the transformation gap, between an accounting firm's current business model and the strategic relevance it will need to remain competitive over the next several years.
Sorren expands in California Sorren, a rapidly growing firm based in Meridian, Idaho, acquired Connected Accounting in Los Angeles.
GASB proposes guidance for financial reporting improvements The Governmental Accounting Standards Board released a proposed Implementation Guide with questions and answers on the requirements related to subsidies.
UHY expands in Midwest The Top 50 Firm acquired Larson Tax Partners, expanding its presence in the Midwest and strengthening its tax practice.
IRS plans regs on foreign currency gains and losses Proposed regulations will affect the determination of taxable income or loss and foreign currency gain or loss with respect to a qualified business unit.
Crowe reports 12% global growth in 2025 Crowe Global reported revenues of $6.5 billion in 2025 across its international accounting firm network, a 12% increase year over year.
Tax season so far: Refunds on the rise The latest data from the Internal Revenue Service on the current tax season shows the size of refunds significantly outpacing last year.
How AI is helping firms make real-world gains In the span of a year, generative AI has moved from a curiosity to a daily conversation in tax and accounting.
